Ethereum Reaches $4,600 Amid Record $1 Billion Spot ETF Inflows

Ethereum (ETH) is approaching its all-time high of $4,878 after breaking the $4,600 mark for the first time in years. This rise has outpaced Bitcoin (BTC) and XRP.

Ethereum ETFs Attract $8.2 Billion YTD

ETH spot exchange-traded funds (ETFs) saw inflows of $1 billion in one day, the largest daily inflow recorded.
Total year-to-date inflows into Ethereum ETFs reached $8.2 billion, about 1.5% of ETH’s market cap.
Bitcoin spot ETFs had $178 million in inflows yesterday and $19.4 billion year-to-date, accounting for 0.8% of BTC’s market cap.
ETH's relative capital inflow indicates a shift in investor sentiment.

Recent price growth is also linked to favorable regulatory changes, particularly the signing of the GENIUS Act, which establishes a new framework for stablecoins. Major banks are exploring dollar-pegged cryptocurrencies, further validating this market.

Public Companies Embrace ETH

About $130 billion in stablecoins secure roughly 50% of their market share, with $7.2 billion in tokenized real-world assets (RWAs).
Public companies hold approximately 865,000 ETH, adopting long-term investment strategies similar to MicroStrategy’s approach to Bitcoin.
SharpLink appointed Ethereum co-founder Joseph Lubin as Chairman and holds over 360,000 ETH.
BitMine has shifted from Bitcoin mining to an Ethereum treasury model, while Bit Digital focuses solely on accumulating ETH.

Institutional investors have acquired around 25 million ETH since June, indicating strategic allocation rather than retail speculation. The combination of stablecoins, tokenization, enterprise infrastructure, and treasury demand is driving capital flows into Ethereum.